Non-profits now want to fund ventures to elevate mobile homes in flood zones and even relocate these homes. Who is paying for all this stuff? It looks like non-profits are America’s fastest growing new industry. There’s probably even a non-profit to fund starting non-profits.

Another classic tale of park residents wanting to buy their mobile home park and failing miserably. They apparently cheated on the number of votes necessary to even start the process and the real owner and real buyer sued the tenants and the judge agreed that the tenants were wrong. Of course, in cases like these the tenants have no money to pay any of the legal fees involved or damages to the other parties. Had the roles been reversed, you know that the tenants would have sued the owner and buyer for $1 trillion.

Finally, a story with a purpose.

Another story of how larger owners buy up failing properties, inject capital into them to bring them back to life, save them from the wrecking ball, and are now guilty of ruining the world by giving people a better place to live at a still highly affordable price. Maybe this writer should contact the folks at Lee’s Trailer Park and get their take on that.

The same boring story of how great the resident-owned community concept is without including the fact that the park in which the residents bought the park they paid $80,000 per space and are putting no capital back into it vs. the park where the corporate owner paid about $80,000 per space (after the residents refused to buy it) and then poured a ton of money back into the property to fix it up and raised the rents accordingly. At the end of the movie, the residents will be paying the same lot rent in both parks (because park #1 will still need all this work done eventually and the rent will have to go up to pay for it) only the quality of life in park #1 will probably be lower as they will have poor management and zero fiscal governance.

Angleton, Texas has a median home price of nearly $200,000. The developer is going to be sticking mobile homes that value at around $70,000 each on to those new lots. Can you possibly understand why the city residents are up in arms about this zoning catastrophe? I imagine the litigation will be flying soon, as every home owner near this planned development is about to see a 50% decrease in their home value. Again, bureaucrats at work who would never allow this to happen in their neighborhood but could care less as long as it’s not next to their property.

Apparently you have a 15% better chance of being killed in a mobile home than a stick-built home if a tornado hits. You also have a 15% higher chance of dying from boredom if you read this article.